HORIZONMarkets

Timeline

Project startedJan 2014
RERA registeredAug 2017
Proposed completionJun 2018
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

MAARGA INFRACON PVT LTD

CompanyPromoter type
1Projects
1City
2017–2018Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Sheopur
Tehsil
Sheopur
Planning area
Sheopur
Address
khasra no 293/2 and 336 at tehsil sheopur district sheopur (mp)
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.4km away
LifestylePark 947m away
ShoppingNo supermarket within 2km
Getting around
Expressway 596 mRailway station 2.6km away (Sheopur Kalan)Limited bus connectivity nearby
Water & environment
River 466 m · Amrai NadiCanal 2.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.93 Cr declared. What that works out to:

26%of the cost is land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Madhya Pradesh · Approved building plan

Sheopur

Town & Country Planning (DTCP)
Building Permitapproved 31 Aug 2017 · 8 yrs ago

The promised possession date (30 Jun 2018) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Directorate of Town & Country Planning, Madhya Pradesh

Madhya Pradesh's statewide town-planning directorate, which declares the planning areas these projects are approved in. It has approved 4,529 RERA projects across 50 tehsils about 1 in 1 in Madhya Pradesh.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.